Topics: power business

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The Adoption of Renewable Source of Energy in India

For many years the hydropower was the only renewable source of energy that was used in India. Solar and wind continued to be untapped...
Business

GE partners Vedanta Ltd, will install digital smelter in aluminium plant at Jharsuguda

Vedanta Limited, on Monday, announced that it has partnered with GE, “To install digital smelters in their aluminium plants at Jharsuguda in Odisha.” In a...
Business

JWS Energy to acquire GMR’s 1050 MW thermal power plant for Rs 5,321 crore

JWS Energy has announced its plan to acquire GMR Energy Ltd's 1,050 MW thermal power plant in Odisha for Rs 5,321 crore. In a filing...
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Business

CG Power and Industrial Solutions loss doubles to Rs 210.7 in December quarter

India's leading electrical products provider, CG Power and Industrial Solutions Limited, has recorded a consolidated loss of Rs 210.07 crore in the December quarter...
Business

Power Finance Corporation records 12 percent decline in December quarter profit

The state-run Power Finance Corporation (PFC) has recorded a sharp decline of 12% in its consolidated net profit at Rs 3,386.72 crore in the...
Business

Kalpataru Power profit jumps by 16.66 percent to Rs 133 crore in Quarter 3

Kalpataru Power Transmission LTD (KPTL) has reported a 16.66 percent jump in the consolidated profit for the December quarter ending in 2019. In a filing...
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Union Power Minister: No power crisis in India

Declaring that there is no power crisis in the country, Union Power Minister R K Singh on Thursday said India has installed power generation...
Business

Larsen & Toubro bags Rs 2,048 crore contracts for power and distribution business

During the filing in BSE (Bombay Stock Exchange) on Tuesday, Larsen and Toubro (L&T) announced that "its construction business has received the contract worth Rs...
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